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🇬🇷 Greece /Economy & Trade

European shares fall at the start of trading

From Ta Nea · () Greek

Translated from Greek and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Sources not specified Context piece
  • European shares fell at the start of trading in a subdued session.
  • Higher oil prices after new US-Iranian attacks increased inflation concerns and supported expectations of a possible ECB rate hike later in the week.

European stock markets opened lower in subdued trading as investors responded to rising oil prices following new US-Iranian attacks.

The increase in oil prices heightened concerns about inflation. It also strengthened expectations that the European Central Bank could raise interest rates later this week.

About this summary

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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